About Fire Safety Systems
The fire safety system which monitors, detects, and suppresses fire hazards. It is also called a fire protection system includes active and passive fire systems and the types of active fire systems are fire suppression, fire alarm, sprinklers, and other fire equipment. Also, passive fire protection systems are put in place within the structure of buildings and require no human interaction such as fireproofing wall, and emergency lighting. The main benefit of the fire safety system is that in the long run and it saves money. These systems are required in many residential, non-residential and industrial sectors. The functional fire protection system is useful to prevent injuries and deaths from fires. As per government legalization and rising residential, commercial, industrial infrastructure across the globe will expect to increase demand for the fire protection system.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
As technology continues to evolve and environmental concerns gain momentum, we can expect even more groundbreaking partnerships and advancements in fire protection in the years to come. Together, we can build a future where fire safety is not just a priority, but a seamless part of our lives. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Fire Safety Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens (Germany), Honeywell International Inc. (United States), Gentex Corporation (United States), ORR Corporation, Inc. (United States), Advanced Electronics Ltd (United Kingdom), Apollo Fire Detectors Ltd (United Kingdom), C-TEC (Computionics) Ltd (United Kingdom), Safety Technology International (United Kingdom), Gielle Industries (Italy) and Johnson Controls International PLC (Ireland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ajax Systems (Ukraine), NSC Sicherheitstechnik GmbH (Germany), Pyrexx GmbH (Germany), BAVARIA Egypt S.A.E (Egypt), Pro Delta Fire Safety Systems Pvt Ltd (India), Star Fire Systems Pvt. Ltd. (India), Safeguard Industries (India), Ningbo Sentek Electronics Co., Ltd (China) and HCB Battery Co Ltd (China).
Segmentation Overview
AMA Research has segmented the market of Global Fire Safety Systems market by Type (Fire Detection (Smoke Detectors/Alarms, Heat Detectors), Fire Suppression (Sprinkler Heads, Foam, Gas, Fire Pumps, Fire Extinguishers, and Others), Fire Alarm (Fire Alarm Control Panel, Fire Alarm Annunciator Panel) and Fire Egress (Emergency Lighting, Emergency Exit Signs)), Application (Residential, Commercial, Industrial and Others) and Region.
On the basis of geography, the market of Fire Safety Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Design will boost the Fire Safety Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Active Fire Safety System will boost the Fire Safety Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Bringing the Fire Alarm and Evacuations Systems under One Technological Roof and integrating them to work together seamlessly is Major Trend in the Market and Technology Advancement in Fire Alarm Include Smoke Detector Sensitivity Adjustment
Market Growth Drivers:
Rising Demand of Fire Safety System for Industries Such as Energy, Oil & Gas, Manufacturing, Chemical and Other Industries, Increasing Demand from Residential and Commercial Sectors for the Prevention of Fire and Growing Awareness about the Fire Safety System to Protect the Buildings, Offices, Schools and Others in the Event of Fire and Gas Leak
Challenges:
Incorrect programming of fire alarm panels Will Restraint the Fire Alarm System Market and Glitches in the Fire Suppression System Such as Low Water Pressure or Leakage in Fire Protection System Will Cause Serious Problem
Restraints:
Range Can Be a Problem for Large Offices or Homes for Wireless Alarm System, Since a Weak Wireless Connection May Cause the System to Not Operate Reliably and Huge Installation and Maintenance Cost of Fire Safety System
Opportunities:
Stringent Government Rules and Regulations about the Fire Safety across the World, Rising Construction Activities Globally and Development of Fire Alarm System Using Raspberry Pi and Arduino Uno which Detects The Presence Of Smoke In The Air Due To Fire And Captures Images Via A Camera
Market Leaders and their expansionary development strategies
In June 2023, Honeywell and Bosch partnered to create interoperable fire alarm systems, simplifying compatibility and data sharing across different brands. This means a fire alarm in one part of a building can instantly trigger alarms in other areas, ensuring a swift and comprehensive response.
In March 2023, Honeywell launched the first fire alarm system with UL-approved self-testing smoke detectors that can be tested automatically, changing the way fire and life safety systems are installed, tested and maintained. The NOTIFIER INSPIRE™ fire alarm system with Self-Test detectors is designed to help create a safer building environment by increasing facility managers awareness of system needs while equipping service providers with digital self-testing tools that streamline maintenance and support regulatory compliance and system uptime.
As per ‘American Red Cross’, there are some safety regulations for the home such as Install smoke alarms on every level of your home, inside bedrooms and outside sleeping areas. Test smoke alarms every month. If they’re not working, change the batteries. If a fire occurs in your home, GET OUT, STAY OUT and CALL FOR HELP. Never go back inside for anything or anyone.
Key Target Audience
Fire Safety System Manufacturers, Fire Safety Equipments Distributors/ Suppliers, Government Bodies and Consulting Firms, Regulatory Bodies, Research Institutes, End- Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.